- Ashford Hospitality Trust (NYSE:AHT) suspends dividends for its preferred stock for Q2, as the hotel REIT conserves cash amid the COVID-19 pandemic.
- Specifically, it suspends payment and won't declare a dividend for its cumulative preferred stock, series D, series F, series G, series H, and series I.
- It previously said it would suspend its common stock dividend, a move expected to save $7M per calendar quarter.
- Previously: Ashford Hospitality in forbearance with several lenders (June 3)
Ashford Hospitality suspends preferred stock dividends
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Symbol | Last Price | % Chg |
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Ashford Hospitality Trust, Inc. |